Slaesforce FAQ

does salesforce offer a epm system

by Blake D'Amore V Published 3 years ago Updated 2 years ago
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Integrations: EPM deals a lot with financial planning and analysis, plus financial reporting, so the software should be able to connect with other commonly used financial applications such as Salesforce, QuickBooks, Microsoft Excel, and CRM

Customer relationship management

Customer relationship management (CRM) is an approach to managing a company’s interaction with current and future customers. The CRM approach tries to analyze data about customers' history with a company, in order to better improve business relationships with customers, specifically focusing on retaining customers, in order to drive sales growth.

data sources.

Full Answer

Why choose epmlive’s salesforce app?

EPMLive’s Salesforce app integrates the CRM capabilities of Salesforce with EPM’s project and work management software, allowing for true reporting and maximum efficiency. Multiple scheduling tools to plan tasks for on-time delivery

What is the core functionality of EPM?

The core functionality of EPM is to help you analyze, understand, and report on your enterprise workflow methodologies. What is the difference between ERP and EPM Software?

What is Oracle EPM cloud?

Oracle EPM Cloud helps you model and plan all aspects of corporate human resources, finance targets, sales departments, and your supply chain.

Is Salesforce an ERP system?

Is Salesforce a ERP? Salesforce is a cloud computing service as a software (SaaS) company that specializes in customer relationship management. Salesforce services allow businesses to use cloud technology to better connect with customers, partners and potential customers.

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What are EPM applications?

Enterprise Performance Management (EPM) applications are designed for a range of budgeting, forecasting and planning business processes that span multiple functional areas from finance to sales.

Is Oracle EPM the same as Hyperion?

Oracle Hyperion provides a complete set of EPM capabilities within two suites of EPM apps. Oracle Hyperion Planning is a centralized planning, budgeting, and forecasting solution that integrates financial and operational planning processes and improves business predictability.

Is EPM a SaaS?

EPM today—from on-premises to the cloud Today, there's an increasing demand for cloud-based EPM software, also known as software as a service (SaaS). When EPM software is “in the cloud” it simply means that the application is housed on a network of remote servers, instead of at a company's location.

What is the difference between Oracle and Salesforce?

The bottom line Both CRMs are quite apt for being integrated with almost any system, internal or coming from a third party. While Oracle databases provide integration possibilities on their own, Salesforce is extremely flexible when it comes to connecting any data source, both cloud-based and on-premises.

Is Hyperion an EPM?

Overview. Hyperion bolsters the Oracle enterprise performance management (EPM) blueprint with business intelligence (BI) tools.

What is Hyperion called now?

Oracle Corporation announced on March 1, 2007 it had agreed to purchase Hyperion Solutions Corporation for $3.3 billion in cash. The transaction was completed on April 18, 2007 and Hyperion now operates as a division of Oracle. Oracle extended support for most Hyperion products (v11. 1.2.

Are ERP and EPM the same?

While ERP is primarily focused on transactional data, EPM focuses on managerial data. EPM allows users to understand how their financial and operational performance is tied to their overall business performance and suggests changes they should make to optimize both.

What is the best EPM?

The Best Enterprise Performance Management Software ListOneStream XF. ... EPM Live. ... ARES PRISM. ... Jedox. ... Infor d/EPM. Best user-friendly modeling tool.Planview Enterprise One. Best for enterprise project portfolio management.Axiom Software. Best EPM software for finance teams.Anaplan. Best EPM software for supply and demand planning.More items...•

What are EPM systems?

An EPM system integrates and analyzes data from many sources, including, but not limited to, e-commerce systems, front-office and back-office applications, data warehouses and external data sources. Advanced EPM systems can support many performance methodologies such as the balanced scorecard.

Does Salesforce use Oracle database?

Since Marc Benioff founded the company 20 years ago, Salesforce has run its business on the Oracle Database.

What is ERP Salesforce?

Enterprise Resource Planning (ERP) is software used by organisations to integrate multiple business functions into one system. It includes various activities, such as accounting, human resources, project management, sales, inventory and order management, and compliance.

Is Salesforce or Oracle better?

Our research has found that Salesforce is the better choice than Oracle when it comes to CRM platforms. Thanks to rich features, immediacy, and a very compelling pricing structure, there's a reason so many companies adopt its CRM solution.

What is entransform PPM?

Available on the AppExchange, EnTransform PPM is a native to Salesforce project management tool that is easy to use and fosters collaboration.

What is Smartsheet for Salesforce?

For cloud-based project and task management, Smartsheet is a solution that offers a combination of online project management and CRM. Track projects, task lists, and other work in Smartsheet while linking Smartsheet projects to key Salesforce customer records.

What is Mavenlink software?

Mavenlink is a software solution for integrated business and project management. For project and team collaboration, Mavenlink eliminates the hassle of silos and puts communication into one cohesive place. Mavenlink’s Salesforce integration is the icing on the cake.

What is the role of project management tools?

These project management tools and software solutions must give visibility into all stages of the project and include all of the necessary functions for businesses to easily monitor their projects each and every day.

What is Oracle Cloud EPM?

Oracle Cloud EPM is well suited to fit in any organization more so the mid-sized ones and it fits in a scenario where a company aims to grow their enterprise planning and become well prepared to handle what may come in the future. It will simplify the way you implement your projects and plans and enable easier decision making for the growth of your company

What is Salesforce like?

Salesforce is like a bucket of legos. Everyone gets the same bucket, but can build anything you want out of it. I've worked on Salesforce instances for: construction, non-profits, job training, music industries, medical insurance, medical billing, paid parking, and international medical diagnostic companies.

Is Salesforce a perfect solution?

While it's not perfect and can be overly complicated at times, there is not another solution out there that can do what it does. To get the same functionality you would need numerous disparate tools to match the amount of functionality Salesforce has. Having it all aggregated on one platform makes the complicated parts far more bearable

We answer some basic questions about what Salesforce does, what Salesforce CRM software is used for, and how Salesforce works

Maybe you’ve heard CEO Marc Benioff speak on CNBC or CNN. You may also recognize our cloud logo, friendly characters, or our very tall headquarters in San Francisco. But, because our work in the world is so varied, we often field the question: What does Salesforce actually do?

What does Salesforce do?

Many companies come to us frustrated or overwhelmed by their customer data because it’s not sharable, readable, and it does not tell the story of who their customer is or what they want. For example, sales doesn’t share knowledge or data well with marketing; marketing has no knowledge of when a customer has contacted customer service.

See what Salesforce Customer 360 can do for you

This three-minute video explains how Salesforce technology brings customers, partners, and your brand together across teams – anywhere.

What is Salesforce used for?

Another thing about our CRM platform: It’s software, not hardware, and it lives in the cloud. This means your marketing, sales, commerce, service, and IT teams can be connected on our platform no matter where they’re physically located in the world.

How does Salesforce work?

Customer 360 offers apps that unite every team — marketing, sales, commerce, service, and IT — around a single, shared view of customer data on an integrated platform. Employees can access the information they need to do their best work. And they can collaborate and align with colleagues much more easily.

How can Salesforce be used for marketing?

We can help your team tailor marketing messages to the right person at the right time on the right channel. We can also help you improve lead generation, customer acquisition, and upselling and cross-selling opportunities.

How do you use Salesforce for sales?

Your sales team can spend less time on data entry and more time connecting with customers. Our tools can also help your sales reps and support team develop and implement a precise, repeatable sales process.

What is Salesforce CRM?

What is Salesforce? Salesforce is the world’s #1 customer relationship management (CRM) platform. We help your marketing, sales, commerce, service and IT teams work as one from anywhere — so you can keep your customers happy everywhere. Salesforce is the world’s #1 customer relationship management (CRM) platform.

How to contact Salesforce?

Contact a salesforce.com Support or Sales Representative. Contact us. Call us at 1-800-667-6389, click on chat in the lower right, or let us call you back. Request a call. Contact a salesforce.com Support or Sales Representative. Demo: CRM Introduction. See it in action.

What Is Enterprise Performance Management Software?

Enterprise performance management (EPM) software is an on-premise or cloud-hosted digital tool designed to collect and manage metrics related to financial performance and business planning processes.

What is the difference between ERP and EPM Software?

Simply put, enterprise resource planning (ERP) software addresses operational processes within a corporation while EPM software tries to streamline any business management processes.

Best EPM Software List

Here’s a shortlist of the best enterprise performance management software:

Overviews Of The 10 Best EPM Software

Here’s a brief description of each of the EPM solutions on my list showing what it does best, plus screenshots to showcase some of the features.

Which EPM Software Have You Used?

Time for the audience to weigh in. Are you currently using any corporate performance management (CPM) tools that you want to boast about? What’s your best business performance management tip? Is there a SaaS financial planning tool that you would add to this list if you could? Sound off in the comments.

Need expert help finding the right Budgeting & Tracking software?

We’ve partnered with the software comparison portal Crozdesk.com to help you find the right solution. Crozdesk’s Budgeting & Tracking software advisors can give you independent advice and shortlist software products that best fit your specific needs.

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What is contract management software?

Contract management software, as the name implies, is software that is built to help you manage contracts with clients. The best contract management software, however, enables more than simple management of contracts, and encompasses the whole contract process from contract creation to storage, retrieval, and renewal.

Why is maintaining a solid client base important?

As a business, maintaining a solid client base is key to survival and continued growth. In order to enter into a relationship with a client, often contracts are involved. It’s no secret that to retain clients, you must not only adhere to those contracts, you must be acutely aware of when contract renewals come and when amendments to contracts must be made. Additionally, contracts can be quite intricate and complex legal documents, so understanding and strictly adhering to every detailed specification outlined in a contract can at times be a significant challenge.

What are the best things about Salesforce?

A lot can be said about Salesforce technology, but here are the most important things to remember: 1 Salesforce technology is based on cloud computing. 2 Salesforce was built to be a software-as-a-service. Now it’s also venturing out to other cloud services, namely platform-as-a-service and infrastructure-as-a-service. 3 Salesforce is a web CRM. 4 Salesforce is customer success platform making use of all the available technology to help companies streamline business processes and satisfy customers.

What is Salesforce CRM?

Salesforce is a cloud computing service as a software company (SaaS) specialized in customer relationship management (CRM). Salesforce services enable companies to use cloud technology to better connect with customers, partners, and leads. The CRM is oriented towards the management of the client's relationship with the company, ...

What is CRM software?

CRM software is used to organize, automate and synchronize sales, marketing, and customer service. ERP Software. Where CRM manages the customer, ERP is used to manage the business. ERP is a system for improving the efficiency of business processes.

What is CRM in banking?

CRM: It is used for handling customers, customer’s requests, their grievance and their feedback. Telecommunications, Banking, etc where lot of customer information is stored and process, use CRM system.

What is the difference between ERP and CRM?

The CRM is oriented towards the management of the client's relationship with the company, while the ERP focuses mainly on the planning of the organization's resources to ensure their best possible use. CRM is focused on increasing sales, but ERP is focused on reducing costs.

What is ERP system?

ERP system is used to do product planning, manufacturing, storage, shipment and other flows. End to end detail of a product is taken care by ERP system. There are different software like Oracle ERP, SAP ERP, etc. For example, you are facing issue with your mobile network.

Is SAP a cloud service?

SAP began as an on-premise software, while Salesforce started early in the cloud. Salesforce is one of the first companies that started Software-as-a-Service, and until now leads in the foray into cloud-based business applications.

1. Better Management Efficiency

EPM leverages investments made in ERP, CRM, Supply Chain Management, Salesforce automation and other transactional systems to perform standard management processes more efficiently:

2. Better Execution of Strategy

EPM can help you understand the relationship between what you want to happen in the business (and how) and what is likely to happen or actually happened (and why) by:

3. Better business performance

EPM can impact the top and bottom line, the balance sheet, and the overall return on capital by enabling better business decisions based on timely, relevant information. Here are some benefits:

4. Reduced Risk

By improving transparency and providing access of the right information to the right consumers, employees can see for themselves where the business is, and managers can test operational and financial models to help make the best resource deployment decisions:

5. More Competitive Advantage

Organizations that get EPM right through the following are more agile than those who don’t:

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